View Galt Ocean Mile condo for sale L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale

L’Hermitage Condos

L’Hermitage Galt Ocean Mile
Condos for Sale

Welcome to our February 2019 / March 2019 Pricing Guide for Luxury L’Hermitage Galt Ocean Mile Condos for Sale Fort Lauderdale

Fort Lauderdale condos for sale here in L’Hermitage 3100 N Ocean Blvd Galt Ocean Mile are direct oceanfront units set right on the Beachfront.

Search L’Hermitage Condos for Sale

At the time of writing this Blog there are 22 x Luxury L’Hermitage Galt Ocean Mile condos for sale – 3 of which are new listings. 

There are 3 condos currently pending sale.

There have been 15 sales of luxury condos in the L’Hermitage complex over the last 6 months.

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %), we also review the highest square foot prices paid over the last 6 months.

We also discuss recent sales trends in L’Hermitage – Important information for both buyers and sellers!

L’Hermitage Galt Ocean Mile
Key Statistics
L Hermitage Condo Condominium complex in Fort Lauderdale, Florida
Address: 3100 N Ocean Blvd, Fort Lauderdale, FL 33308 &  3200 N Ocean Blvd, Fort Lauderdale, FL 

Condos for Sale

  • Prices from $699,900 – $4,950,000

Median Prices

  • Median List Price $1,449,950
    – for a 3 bedroom 2 bathroom unit
  • Median Sales Price $1,000,000
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $515.00
  • Sales to List Price 92%
  • Days on Market 82 Days
View L'Hermitage condominium Galt Ocean Mile 3100-3200 N Ocean Blvd Fort Lauderdale
Aerial views of L’Hermitage condominium here on Galt Ocean Mile, Fort Lauderdale, Florida

L’Hermitage
Condos for Sale

There are currently 22 x L’Hermitage Galt Ocean Mile condos for sale – This is down slightly from the 24 x L’Hermitage Galt Ocean Mile condos for sale as in our last post for December 2018 / January 2019

The market analysis report for these 22 x luxury condos for sale is presented below.

 

BEDS / BATHS

LA

LP$

Min

2 / 2

1,537

$699,900

Max

6 / 5

6,627

$4,950,000

Avg

3 / 3

2,752

$2,089,018

Median

3 / 2

2,325

$1,449,950

This report shows us that the average price for a luxury Galt Ocean Mile condo here in L’Hermitage is $2,089,018 – this being for a 3 bedroom 2 bathroom unit of 2752 square feet.

We can also see from this report that the median price for a Galt Ocean Mile condo in L’Hermitage is $1,449,950 – this being for a 3 bedroom 2 bathroom unit of 2325 square feet.

In our last post for Dec 2018  / Jan 2019 the median price for a Galt Ocean Mile condo in L’Hermitage was slightly higher at $1,512,000 this being for a 3 bedroom 2 bathroom unit of 2220 square feet.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

Call Me Today!

Kevin Wirth P.A Realtor
Galt Ocean Mile Specialist
954-459-0337

email: kevinsellsmore@gmail.com

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Search Galt Ocean Mile Condos 
View Galt Ocean Mile New Listings

Luxury L’Hermitage
Condos by Bedroom

Here is our market analysis report for L’Hermitage Galt Ocean Mile condos for sale – showing median prices by bedroom for all the units currently for sale.

BEDS / BATHS

LA

LP$

LP$/SqFt

2 / 2

1,537

$899,000

$602.00

3 / 2

2,220

$1,399,900

$662.00

4 / 4

4,938

$4,750,000

$962.00

6 / 5

4,475

$4,299,900

$961.00

We can see from this report that the median price for:

  • 2 Bedroom 2 Bathroom units for sale is $889,000 – this being for a unit of 1537 square feet with a list price to square foot price of $602.00
  • 3 Bedroom 2 Bathroom units for sale is $1,399,900 – this being for a unit of 2220 square feet with a list price to square foot price of $662.00
  • 4 Bedroom 4 Bathroom units for sale is $4,750,000 – this being for a unit of 4938 square feet with a list price to square foot price of $962.00
  • 6 Bedroom 5 Bathroom units for sale is $4,299,900 – this being for a unit of 4475 square feet with a list price to square foot price of $961.00
View Galt Ocean Mile condominium L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condominium L’Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale

L’Hermitage
New Luxury Listings

There have been 3 new listings of L’Hermitage Galt Ocean Mile condos for sale in the last 30 days – this is down from 4 new listings as in our last post for December 2018 / January 2019!

Our market summary report for these 3 units is presented below.

CONDO

BEDS / BATHS

LA

LP$

Unit 2508

2 / 3

2,318

$1,895,000

Unit 1202

3 / 2

2,086

$1,299,000

Unit 1105

2 / 2

1,537

$899,000

We can see from this report the details for each of these units:

Unit 2508 a 2 bedroom luxury L’Hermitage condo has just been listed for sale for $1,895,000this 2 bedroom 3 bathroom 2318 square foot unit has a list price to square foot price of $817.00

Unit 2508 is a rarely available CARLYLE Model with the most breathtaking unobstructed views of the Ocean and Fort Lauderdale from two wrap around balconies and all your living areas!

This Galt Ocean Mile condo has a private elevator takes you to this residence with Calacatta Gold marble floors. Third bedroom currently used as a den

Unit 1202 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $1,299,000this 3 bedroom 2 bathroom 2086 square foot unit has a list price to square foot price of $622.00

Unit 1202 is a direct Oceanfront Condo with 2 spacious balconies that overlook the Ocean, Intracoastal Waterways and City!

This Galt Ocean Mile condo has recent renovations including a spectacular new Master Bath featuring a soaking tub, Carrera marble, and contemporary lighting.   The unit has impact windows and doors, a Murphy Bed / Sofa that allows the Den to be used as a 3rd bedroom. 

Unit 1105 a 2 bedroom luxury L’Hermitage condo has just been listed for sale for $899,000this 2 bedroom 2 bathroom 1537 square foot unit has a list price to square foot price of $585.00

Unit 1105 is an oceanfront condo with a built in office/den area!

This Galt Ocean Mile condo has Marble floors throughout, a large balcony with marble flooring and an open kitchen!

View Galt Ocean Mile condo pending sale L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale - Unit 2310
View Galt Ocean Mile condo pending sale L’Hermitage 3100-3200 N Ocean Blvd – Unit 2310

L’Hermitage
Pending Sales

There are currently 3 x luxury L’Hermitage Galt Ocean Mile condos pending sale – down from our last post!

In our last post there were 5 x luxury L’Hermitage condos pending sale!

Our market summary report for these 3 units is presented below

CONDO

BEDS / BATHS

LA

LP$

Unit 2508

3 / 3

2,661

$2,799,000

Unit 1202

3 / 3

2,661

$1,995,000

Unit 1105

2 / 2

1,634

$799,000

We can see from this report the data for each of these luxury Galt Ocean Mile condo units pending sale.

Unit 2508 a 3 bedroom luxury L’Hermitage condo listed for sale for $2,799,000 is now pending salethis 3 bedroom 3 bathroom 2661 square foot unit has a list price to square foot price of $1,052.00

Unit 1202 a 3 bedroom luxury L’Hermitage condo listed for sale for $1,995,000 is now pending salethis 3 bedroom 3 bathroom 2661 square foot unit has a list price to square foot price of $750.00

Unit 1105 a 2 bedroom luxury L’Hermitage condo listed for sale for $799,00 is now pending salethis 2 bedroom 2 bathroom 1634 square foot unit has a list price to square foot price of $489.00

View 2 Bedroom Galt Ocean Mile condo recently sold L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale - Unit 806
2 Bedroom Galt Ocean Mile condo recently sold L’Hermitage 3100-3200 N Ocean Blvd – # 806

L’Hermitage Condos
Sales Last 6 Months

There have been 15 x Luxury L’Hermitage Galt Ocean Mile condos sold over the last 6 months – down slightly from our last post!

In our last post for Dec 2018 / Jan 2019 there were 13 x L’Hermitage Galt Ocean Mile condos sold over the preceding 6 month period.

The market analysis report for these 15 units is presented below.

 

BEDS / BATHS

LA

SP$

Min

2 / 2

1,537

$590,553

Max

4 / 5

4,542

$4,650,000

Avg

3 / 2

1,985

$1,212,904

Median

2 / 2

1,634

$1,000,000

We can see from this report that the average price of a Galt Ocean Mile condo sold in L’Hermitage over the last 6 months has been $1,212,904 – this being for a 2 bedroom 2 bathroom unit of 1985 square feet.

We can also see from this report that the median price of a condo sold in L’Hermitage over the last 6 months has been $1,000,000 – this being for a 3 bedroom 2 bathroom unit of 1634 square feet – this is the same as in our last post!

In our last post for Dec 2018 / Jan 2019 the the median price of a condo sold in L’Hermitage over the preceding 6 months had been $1,000,000 – this however being for a larger 3 bedroom 2 bathroom unit of 2318 square feet!

It is useful to look at median sales prices by bedroom – which we do below!

L’Hermitage Condos
Sales Prices by Bedroom

Here is our market summary report showing sales prices for L’Hermitage Galt Ocean Mile condos sold over the last 6 months by bedroom.

BEDS / BATHS

LA

SP$

SP$/SqFt

2 / 2

1,583

$684,000

$445.00

3 / 2

2,086

$1,312,500

$598.00

4 / 5

4,542

$4,650,000

$1,024.00

We can see from this report that that the median sales price for:

  • 2 Bedroom L’Hermitage condos sold has been $684,000 this being for a unit of 1583 square feet with a list price to square foot price of $445.00.  In our last post the median for 2 Bedroom L’Hermitage condos was lower at $650,000 – this being for a unit of 1630 square feet with a list price to square foot price of $413.00. 
  • 3 Bedroom 2 Bathroom units sold has been $1,312,000 – this being for a unit of 2086 square feet with a list price to square foot price of $598.00.  In our last post the median for 3 Bedroom L’Hermitage condos was lower at $1,225,000 – this being for a unit of 2082 square feet with a list price to square foot price of $554.00.
  • 4 Bedroom 5 Bathroom units sold has been $4,650,000 – this being for a unit of 4542 square feet with a list price to square foot price of $1,024.00.  There had been no 4 bedroom units sold as in our last post!

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for L’Hermitage Galt Ocean Mile condos over the last 6 months.

 

SP$/SqFt

Min

$399.00

Max

$1,024.00

Avg

$570.00

Median

$515.00

We can see from this report that the median sales price to square foot price paid for a L’Hermitage condo sold over the last 6 months has been $515.00 per square foot – up from $506.00 in our last post and $464.00 as in our prior post!

Important to note is the highest price paid at $1,024.00!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for L’Hermitage Galt Ocean Mile Condos for sale we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

 

SP$/LP$

Min

77%

Max

100%

Avg

91%

Median

92%

We can see from this report that the median sales price to list price for Fort Lauderdale condos here in L’Hermitage has been 92% this is down from 93% as in our last post!

This means if a Luxury Fort Lauderdale condo for sale here in L’Hermitage is listed at $1,300,000 – then based on median sales data the condo could be expected to sell for 92% of that amount or $1,196,000.

Days on Market

Days on market for L’Hermitage Galt Ocean Mile condos for sale is an important indicator of demand for units in this complex.

Here is the market analysis report for Days on Market based on condo sales over the last 6 months

 

DOM

Min

2

Max

353

Avg

113

Median

82

We can see from this report that the average days on market for a Fort Lauderdale condo for sale in L’Hermitage is 113 days or just over 4 months.

More importantly however is the median days on market at 82 days or just under 12 weeks – this is much the same as our last post!  

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

View of L'Hermitage condominium 3100 N Ocean Blvd Fort Lauderdale, Florida
View of L’Hermitage condominium 3100 N Ocean Blvd here on Galt Ocean Mile

L’Hermitage
Condo Sales Itemized

Here is the data for each of the luxury L’Hermitage Galt Ocean Mile condos sold over the last 6 months 

CONDO

BEDS / BATHS

LA

SP$

Unit 2810

4 / 5

4,542

$4,650,000

Unit 2401

3 / 3

2,318

$1,400,000

Unit 2303

3 / 3

1,977

$1,400,000

Unit 1002

3 / 2

2,086

$1,375,000

Unit 2603

3 / 2

2,109

$1,250,000

Unit 1602

3 / 2

2,086

$1,075,000

Unit 2506

2 / 2

1,630

$1,000,005

Unit 1104

3 / 2

1,977

$1,000,000

Unit 806

2 / 2

1,634

$1,000,000

Unit 2205

2 / 2

1,634

$800,000

Unit 506

2 / 2

1,537

$698,000

Unit 1705

2 / 2

1,537

$670,000

Unit 306

2 / 2

1,630

$650,000

Unit 306

2 / 2

1,537

$635,000

Unit 705

2 / 2

1,537

$590,553

We can see from this report the details for each condo sold – including the most expensive sale(s) over the last 6 months, which was for Unit 2810 a 4 bedroom 5 bathroom luxury condo which sold for $4,650,000!

Kevin_Wirth_on_Galt_Ocean_Mile

I hope you have enjoyed my post on Luxury Fort Lauderdale condos for sale here in  L’Hermitage

By Kevin Wirth Realtor

This statistical report on comparable L’Hermitage properties includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. 

This report is based on information which is the © 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.